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Nongshim Overseas Share Hits 40% on US, China, Europe Growth

Published: · Source: hankyung.com

Nongshim Overseas Share Hits 40% on US, China, Europe Growth
TL;DR: Nongshim’s overseas share has expanded to 40% as the US, China and Europe grow, while the Noksan export plant expected by year-end draws attention.

Nongshim is analyzed to have expanded its overseas share to around 40% on growth in the United States, China and Europe. According to an analysis reported by Korea Economic Daily, the company’s overseas business is increasing its weight within overall performance as key regions continue to grow. The US, China and Europe were cited as core growth markets, while the Noksan export plant, expected to begin operations by year-end, was presented as a factor to watch. Once the new export base starts operating in earnest, it could support the trend of a rising overseas sales share. Source: hankyung.com

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